Amsterdam -- ING announced today that, in line with the launch of its EUR 1,744 million share buyback programme announced on 1 October 2021, the company has repurchased 8,400,756 shares during the week of 11 October 2021 up to and including 15 October 2021.
The shares were repurchased at an average price of EUR 12.75 for a total amount of EUR 107,120,421.59. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.
The total number of shares repurchased under this programme to date is 15,557,939 ordinary shares at an average price of EUR 12.62 for a total consideration of EUR 196,288,557.85. To date approximately 11.26% of the maximum total value of the share buyback programme has been completed. Note for editors
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ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank's more than 57,000 employees offer retail and wholesale banking services to customers in over 40 countries.
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